List price and sales prices of residential properties during booms and busts
This paper investigates the relationship between the list and sale price of residential
properties over the housing cycle. In down or normal markets the list price generally …
properties over the housing cycle. In down or normal markets the list price generally …
Auction versus negotiated sale: evidence from real estate sales
YL Chow, IE Hafalir, A Yavas - Real Estate Economics, 2015 - Wiley Online Library
We offer a theoretical and empirical comparison of auctions and negotiated sales. We first
build a simple model to show that auctions generate a higher relative price than negotiated …
build a simple model to show that auctions generate a higher relative price than negotiated …
Loss aversion and housing studies
Loss aversion, similar to behavioral sciences in general, has found applications in a wide
range of research areas; however, evidence in housing studies remains scarce. We provide …
range of research areas; however, evidence in housing studies remains scarce. We provide …
Guaranteed-selling service of online used-car reselling platform: Feasibility and applicability compared with conventional resell and agency resell
S Sun, N Wang, B Jiang, PM Reyes - Expert Systems with Applications, 2024 - Elsevier
Abstract Information asymmetry in the used-car market causes inconsistent product quality
and price perceptions between buyers and sellers. Third-party reselling platforms with …
and price perceptions between buyers and sellers. Third-party reselling platforms with …
An analysis of auction strategies in apartment sales
R Hungria-Gunnelin - Journal of European Real Estate Research, 2018 - emerald.com
Purpose This paper aims to empirically test the effect of list price and bidding strategies in
ascending auctions of residential real estate. Design/methodology/approach Three …
ascending auctions of residential real estate. Design/methodology/approach Three …
Opening bid strategies in English auctions
Existing residential homes in Norway are sold by English auctions. This provides an
exclusive opportunity to examine opening bid strategies for high-valued objects. Using …
exclusive opportunity to examine opening bid strategies for high-valued objects. Using …
Competing selling strategies in the housing market
Due to the heterogeneous nature of real estate assets, housing market is characterized by a
sequential search and seller's optimal strategies. This paper provides a side-by-side …
sequential search and seller's optimal strategies. This paper provides a side-by-side …
Contract rescission in the real estate presale market
This study documents that over 10% of the presale contracts in the Hong Kong housing
market between 1996 and 2014 were rescinded, resulting in a loss of HKD 436.67 million …
market between 1996 and 2014 were rescinded, resulting in a loss of HKD 436.67 million …
The impact of TOM on prices in the US housing market
DK Hayunga, RK Pace - The Journal of Real Estate Finance and …, 2019 - Springer
Search theory shows that real property prices and marketing durations are simultaneously
determined and positively related. Yet, empirical studies find positive, negative, and …
determined and positively related. Yet, empirical studies find positive, negative, and …
The impact of a home purchase restrictions (HPR) policy on the distressed property market in Beijing
Distressed property sales, which are carried out under court order by online auction, have
increased rapidly in China in recent years. We examine how the implementation of home …
increased rapidly in China in recent years. We examine how the implementation of home …